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China hits reset on yuan fixing

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China's central bank is adjusting the mix of foreign currencies used in setting the yuan's official daily value, a change that analysts said should help ease its depreciation pressure," reports Lingling Wei.
5 months ago
Jiayun Feng
By Jiayun Feng
Jiayun is a Chinese native and was born in Shanghai, where she spent her first 20 years and earned a bachelor’s degree in journalism at Fudan University. Interested in writing for a global audience, she attended the NYU Graduate School of Journalism for its Global & Joint Program Studies, which allows her to pursue a journalistic career along with her interest in international relations. She has previously interned for Sixth Tone and Shanghai Daily.
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